Reso 2002-131 to 135 - Laserfiche WebLink

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, 14 ACTIA 2002-26.01 (4) To provide an independent annual audit of ACTIA's program -wide revenues and expenditures including the allocation formula for distributing Measure B sales tax revenues to SPONSOR and render an annual report to ACTIA's Governing Board and to the Citizens Watchdog Committee (CWC) within 180 days following the close of the fiscal year. (5) To provide notice to the SPONSOR of any and all expenditures made by SPONSOR, which are not in compliance with the AGREEMENT, the PLAN or the Measure B ballot measure, promptly after ACTIA becomes aware of any such expenditures. (6) To assist SPONSOR in preparing detailed schedules for all PROJECTS for inclusion in the SPECIFIC AGREEMENT. (7) To prepare contract language regarding Progress Reports suitable for inclusion in SPONSOR's contracts for professional services. (8) To prepare a contract specification/provision to be included in SPONSOR's construction contracts to clarify ACTIA LBE/SLBE requirements, where such participation is required, and monthly reporting requirements. SECTION III IT IS MUTUALLY AGREED AS FOLLOWS: (1) It is the intent of ACTIA to commit Measure B Funds to fully funded PROJECTS. It is the responsibility of SPONSOR to secure all other funds required to complete PROJECTS. If in the opinion of the ACTIA Executive Director, a project has lost required funding or has not progressed according to the detailed schedule as either shown in EXHIBIT `B" or as later modified in the SPECIFIC AGREEMENT, funds may be withheld and may require reimbursement from the SPONSOR to ACTIA. (2) All correspondence and communications will contain the ACTIA number and name for PROJECTS in a clearly identifiable location. Page 10